First Solar DOE Loans Full Speed Ahead: 1,300MW, $4.5B: Just another day at the DOE Loan guarantee office -- p...

Just another day at the DOE Loan guarantee office -- providing $4.5 billion to three massive solar farms. It will allow First Solar to supply approximately 20 million solar panels to the three projects from U.S. based manufacturing sites. That's 20 million panels. Any complaints about the speed of the Loan Guarantee program might have been squelched by the torrid pace of the series of loans provided in the last two months. (Compliants about the loan guarantee process remain .) First Solar is today's winner with the DOE offering: A conditional commitment for a $680 million loan guarantee to support the Antelope Valley Solar Ranch 1 project Conditional commitments for partial loan guarantees of $1.88 billion in loans to support the Desert Sunlight project And conditional commitments for partial loan guarantees of $1.93 billion in loans to support the Topaz Solar project . Fi...